11/07/2011 Session

No trades.

Session low was 11,786, session high 12,023 and settlement price 12,007. 

Orders for 11/8 session:

Buy YMZ11 @11,702 with 11,684 stop and 11,738 take-profit.

(Daily S2 support @11,702; daily S1 support @11,854)

Sell YMZ11 @12,198 with 12,216 stop and 12,162 take-profit.

(Weekly R1 resistance @12,210; daily R2 resistance @12,176)

[ For some background and a disclaimer, please read this post and especially this post. ]